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North Texas businesses suffering worst pandemic-related financial losses in state, survey says

Businesses operating in North Texas reported  the biggest COVID-related losses in sales and revenue in the state, and  Dallas-Fort Worth area businesses also indicated they were less likely  to survive in the current economic conditions when compared to state  averages.

In addition, businesses in the North Texas  and the Gulf Coast estimated they will suffer more long-term negative  impacts to their staffing levels than other businesses across the state,  according to results of a survey and report released Thursday assessing COVID-19’s initial impact on Texas  businesses. The results, which compare the impact among seven regions  identified by the Texas Association of Business, were released by a  coalition of business and economic development advocates, including the  North Texas Commission.

Read more here. 

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